INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.
  • Real estate transactions in the Emirate of Sharjah totaled US$544 million (AED 2 billion) in August 2022, according to the...

    The total number of transactions according to SRERD records, during the past month amounted to 2,409.

    Mortgage transactions amounted to 303, which is 12.6 percent of the total transactions, with a value exceeding $193 million.

  • Dubai Electricity and Water Authority is committed to promoting Emiratization in its various divisions by adopting an integrated strategy to...

    The MD & CEO of DEWA said that the percentage of Emiratization at DEWA has reached 88.14 percent in senior management.

    DEWA has launched several pioneering projects and programs for the employment of Emiratis.

  • Abu Dhabi, UAE -- Louvre Abu Dhabi and New York University Abu Dhabi (NYUAD) signed an MoU to collaborate in areas...

    The MoU involves exchanges among faculty, staff, and students through programmes, events, and research projects and mutual access to institutional facilities.

    The two institutions have collaborated on Reframing Museums, a live, virtual symposium on the challenges and responsibilities facing museums in the light of Covid pandemic.

  • The UAE financial markets on Wednesday posted gains of over US$2.72 billion (AED10.billion) in market cap driven by upbeat sentiments...

    The UAE financial markets on Wednesday posted gains of over US$2.72 billion (AED10.billion) in market cap driven by upbeat sentiments.

    Abu Dhabi index (FTFADGI) rose 0.566 percent to 9,717.38 points while Dubai General Index (DFMGI) slid 0.406 percent to 3,382.31 points.

  • The bank offering will be denominated in Saudi riyals.

    Investors, according to the bank, shall subscribe to a minimum of $66,533, with a return rate yet to be determined

    Riyad Capital will act as the sole lead manager and book runner for the potential Tier 1 capital sukuk offer

  • Campaigners say this "significant misalignment" between communication strategies and business plans could allow five of the biggest privately-owned energy firms...

    Public communications of five energy majors were found to contrast with their planned capital expenditure for 2022

    The analysis found that Shell had the largest disparity between its green talk and actual low-carbon investment

  • The UAE has agreed to deepen collaboration with India in the field of education, and in this regard the two...

    An original MoU was signed in 2015 between India and the UAE in the field of education, but it expired in 2018

    It is expected to rejuvenate educational cooperation and increase academic mobility between India and UAE, besides facilitating exchange of information

  • A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent....

    For any small and medium business, a modern human resources platform can be a powerful tool for transforming the acquisition, engagement and management of people

    A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent beside automating repetitive activities

  • A day after it returned dozens of antiquities to Italy, United States has now returned 16 antiquities worth $16 million...

    Nine of the pieces had been in the possession of Michael Steinhardt, described as one of the world's largest collectors of ancient art

    In 2021, Steinhardt was forced by US authorities to return 180 stolen ancient artworks worth a total of $70 million

  • Riyadh, Saudi Arabia---Saudi Arabia's National Development Fund has announced a program to fund the games and electronic sports sector with...

    The program will be launched by the end of this year in cooperation with Saudi Federation for Electronic Sports and the Ignite.

    It aims to provide products and financing solutions through the development funds and banks affiliated with the Fund in partnership with private sector financial institutions.